Article 5Q3C Why Bank of England employees are reading my A-level economics textbook | Alain Anderton

Why Bank of England employees are reading my A-level economics textbook | Alain Anderton

by
Alain Anderton
from Economics | The Guardian on (#5Q3C)
People seem to think there are simple answers to complex problems. Even politicians could learn a thing or two from revisiting the basics

A Freedom of Information request by the Times, showed that Economics, my A-level textbook and the "bible for those seeking a handle on basic economics", was the most issued book from the library of the Bank of England. Since it was first published in 1991, the book has been the bestselling text in the A-level economics market. Generations of economists have learned their basic economics from studying it. However, it isn't the economists at the Bank of England who are borrowing the book now. The bank has helpfully explained that it provides development for secretaries, graduates and school leavers. Panic over - the Bank of England is not being run by economists consulting a school textbook.

Since the financial crisis of 2008, the numbers of people studying A-level economics have more than doubled

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